Blunt to sharpened razor: incremental reform and distortions in the product and capital markets in China
A key objective of China's reform program was to reduce distortions in the economic system and enhance growth. However, when implemented in incremental and partial ways, local governments or individuals have chance to capture rents inherent in the reform process. Young (2000) warned that the rent-se...
| Main Authors: | , |
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| Format: | Artículo preliminar |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2004
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/156142 |
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